Al Jazeera Steel Products Co, a publicly listed Omani company, has announced that its subsidiary in the United Arab Emirates plans to establish a medium section mill at the Khalifa Economif Zone Abu Dhabi (KEZAD) with a capacity of 450,000 metric tonnes.
Suhar-based Al Jazeera said in a filing to the Muscat Stock Exchange its UAE-subsidiary Al Jazeera Steel Products Co LLC, has secured a land lease agreement with AD Ports Group in this regard.
Plans for the new mill in Abu Dhabi received shareholder approval during the AGM in February 2022. Registration of Al Jazeera Steel Products Co LLC as a subsidiary in the UAE was successfully completed thereafter.
Al Jazeera Steel is a leading manufacturer of structural steel products with a total capacity of around 600,000 metric tonnes per annum. The Suhar complex operates a state-of-the-art tube mill (TM) and merchant bar mill (MBM) with a product portfolio spanning across black pipes, galvanized pipes, hollow sections, merchant bar mill products and rebars.
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